Investment narratives abound at this time of year, and many of them may develop into generally accepted financial myths that…
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The yuan has strengthened in recent months, with the offshore rate hitting its highest level against the US dollar in…
Read More »China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more…
Read More »Amid all the artificial intelligence-induced euphoria – or irrational exuberance – in stock markets and despite the unease caused by…
Read More »The Chinese yuan’s share in global foreign exchange (forex) trading climbed to 8.5 per cent this year while maintaining its…
Read More »Why are central banks, including those of China and India, adding gold bullion to their reserves at an almost alarming…
Read More »As global confidence in the US dollar erodes in the wake of Washington’s “Liberation Day” tariffs, economists at the Annual…
Read More »Wall Street pundits and investors are schizophrenic about US assets. The dollar weakened after Moody’s cut the United States’ credit…
Read More »On April 30, Donald Trump reached the 100-day mark of his second term as US president. In foreign exchange markets,…
Read More »The dollar drifted lower on Monday after an early bump off a three-year low, as investor confidence in the world’s…
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